Conflict of interest and the credibility of underwriter analyst recommendations
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- Type
- article
- Published
- 1999-07-02
- Cited by
- 1,587
- References
- 29
- OpenAlex
- https://openalex.org/W2100876305
- Semantic Scholar
- https://api.semanticscholar.org/CorpusID:16390018
Keywords
Underwriting, Credibility, Investment banking, Conflict of interest, Business
References
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- The Effect of Investment Banking Relationships on Financial Analysts' Earnings Forecasts and Investment Recommendations*
- Discrete Expectational Data and Portfolio Performance
- The Pricing of Initial Public Offerings: Tests of Adverse-Selection and Signaling Theories
- When the Underwriter Is the Market Maker: An Examination of Trading in the IPO Aftermarket
- Timid choices and bold forecasts: a cognitive perspective on risk taking
- Self-selection and Analyst Coverage
- Firm characteristics and analyst following
- Signalling by underpricing in the IPO market
- Caveat Compounder: A Warning about Using the Daily CRSP Equal‐Weighted Index to Compute Long‐Run Excess Returns
- THE MARKET'S PROBLEMS WITH THE PRICING OF INITIAL PUBLIC OFFERINGS
- Do Brokerage Analysts' Recommendations Have Investment Value?
- A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity
- Earnings Management and the Long-Run Market Performance of Initial Public Offerings
- Analyst Following of Initial Public Offerings
- Voluntary Disclosure and Equity Offerings: Reducing Information Asymmetry or Hyping the Stock?*
- The Long-Run Performance of Initial Public Offerings
- Underwriting relationships, analysts' earnings forecasts and investment recommendations
- Reputation and Performance Among Security Analysts
- Timid Choices and Bold Forecasts
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- Directed Brokerage no More: The Effects of New Regulation in the Mutual Fund Industry
- What Drives the Value of Analysts' Recommendations: Earnings Estimates or Discount Rate Estimates?
- An investigation into the winner-loser and momentum anomalies in four medium-sized European markets
- Analyst stock ownership and reporting behavior
- Representation of Human Capital Knowledge in Investment Processes
- Do IPO Analysts Issue Unfavorable Recommendations on Non-IPO Firms?
- Essays on investor behavior
- The content of reports on Italian stocks. Do evaluation methods matter
- Revenue Forecasts as a Mechanism for Analyst Reputation Development
- Gauging Investor Perceptions of Analysts' Research Portfolio Structures
- Segment Information Disclosure and the Cost of Equity Capital
- Underwriter Networks, Investor Attention, and Initial Public Offerings
- Snowed: Deceptive Advertising by Ski Resorts
- Role of Analysts: Following Momentum or Creating Momentum?
- The economics of advice
- Three essays on CEO replacement in turnaround situations
- Is the Chinese Wall too High? Investigating the Costs of New Restrictions on Cooperation Between Analysts and Investment Bankers
- Bias in Underwriter Analyst Recommendations: Does it Matter?
- CONTRIBUTION À L'ANALYSE DE LA FORMATION DU JUGEMENT DES ANALYSTES FINANCIERS SELL-SIDE
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